Horizon Foundation Inc is a 501(c)(3) organization based in Fort Myers, Florida, registered in 2000, with $600,423 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$600K
▲ 0.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$669K
Net assets
$715K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Horizon Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Horizon Foundation Inc: 13 mo reserves · -11% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Horizon Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Horizon Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $281K (FY2013) to $600K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-11.4%
Spent more than it raised in the latest fiscal year.
Total assets
$769K
Total liabilities
$54K
Net assets
$715K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $600,423▲0.3% | $668,833▼4.3% | $715,451▼8.7% | $768,991▼5.0% | 990 |
| 2023 | $598,513▲10.2% | $698,710▲52.9% | $783,866▼11.3% | $809,644▼12.4% | 990 |
| 2022 | $543,275▲8.4% | $457,002▲12.7% | $884,063▲10.8% | $923,962▲13.7% | 990 |
| 2021 | $501,104▲19.7% | $405,396▲60.3% | $797,790▲13.6% | $812,756▲13.4% | 990 |
| 2020 | $418,516▲43.0% | $252,851▲98.9% | $702,082▲32.7% | $716,951▲35.4% | 990 |
| 2019 | $292,733▼9.8% | $127,109▼72.5% | $529,157▲42.6% | $529,510▲39.8% | 990 |
| 2018 | $324,532▲88.9% | $462,851▲83.1% | $371,033▼27.2% | $378,663▼31.6% | 990 |
| 2017 | $171,803▼52.5% | $252,813▼39.4% | $509,352▼13.7% | $553,362▼8.7% | 990 |
| 2016 | $361,862▼7.3% | $417,139▼27.2% | $590,362▼8.6% | $605,776▼6.7% | 990 |
| 2015 | $390,289▼44.3% | $573,030▲92.7% | $645,639▼22.1% | $648,976▼23.3% | 990 |
| 2014 | $700,929▲150% | $297,307▲13.7% | $828,380▲95.0% | $846,067▲99.1% | 990 |
| 2013 | $280,786 | $261,586▲30.1% | $424,758▲4.7% | $424,908▲4.8% | 990 |
| 2012 | — | $201,093▼47.0% | $405,558▲27.7% | $405,558▲27.7% | 990 |
| 2011 | — | $379,276▲123% | $317,604▼24.9% | $317,604▼24.9% | 990 |
| 2010 | — | $170,205 | $422,999 | $422,999 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
9 grants to Horizon Foundation Inc totaling $73K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Lee County Electric Cooperative Inc | — | 2024 | $7,500 |
| Lee County Electric Cooperative Inc | The horizon foundation, a charitable 501(c)(3) organization, was established to provide a funding vehicle for businesses to invest in the longterm economic development and vitality of lee county. the foundation raises private sector money to support the efforts of the lee county economic development office and the horizon council in order to improve the area's business climate. lcec participates regularly on committees and regional initiatives. funding is partly in support of the industry appreciation of area leaders and companies | 2022 | $7,500 |
| Winston-salem Foundation | 1 grant(s) for varying purposes | 2020 | $5,000 |
| Lee County Electric Cooperative Inc | The horizon foundation, a charitable 501(c)(3) organization, was established to provide a funding vehicle for businesses to invest in the long-term economic development and vitality of lee county. the foundation raises private sector money to support the efforts of the lee county economic development office and the horizon council in order to improve the area's business climate. lcec participates regularly on committees and regional initiatives. funding is partly in support of the industry appreciation of area leaders and companies. | 2019 | $7,500 |
| Winston-salem Foundation | 1 grant(s) for varying purposes | 2019 | $5,000 |
| Lee County Electric Cooperative Inc | The horizon foundation was established to provide a funding vehicle for businesses to invest in the long-term economic development and vitality of lee county. the foundation raises private sector money to support the efforts of the lee county economic development office and the horizon council in order to improve the area's business climate. lcec participates regularly on committees and regional initiatives. funding is partly in support of the industry appreciation of area leaders and companies. | 2018 | $7,500 |
| Lee County Electric Cooperative Inc | The horizon foundation, a charitable 501(c)(3) organization, was established to provide a funding vehicle for businesses to invest in the long-term economic development and vitality of lee county. the foundation raises private sector money to support the efforts of the lee county economic development office and the horizon council in order to improve the area's business climate. lcec participates regularly on committees and regional initiatives. funding is partly in support of the industry appreciation of area leaders and companies. | 2017 | $7,500 |
| Lee County Electric Cooperative Inc | The horizon foundation, a charitable 501(c)3 organization, was established to provide a funding vehicle for businesses to invest in the long-term economic development and vitality of lee county. the foundation raises private sector money to support the efforts of the lee county's economic development office and the horizon council in order to improve the area's business climate. lcec is represented on the council and participates regularly on committees and regional initiatives. funding is partly in support of the industry appreciation of area leaders and companies. | 2016 | $7,500 |
| Lee County Electric Cooperative Inc | To enable the foundation to actively support the marketing efforts and success of the horizon council and lee county economic development office. | 2014 | $17,500 |
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Data for Horizon Foundation Inc (EIN 65-0872214) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.